Daily Market Wrap: September 6, 2012 Thursday, September 6, 4:03 PM ET
Some hopeful signs for the economy, including a better than expected jobless claims report, sent stocks higher today as did remarks by ECB President Mario Draghi.
The number of Americans filing for unemployment benefits dropped 12,000 last week, to a seasonally adjusted 365,000, according to the Labor Department.
Meanwhile, the four-week moving average for new claims ticked up to 371,000.
The Institute for Supply Management's non-manufacturing report showed that the pace of growth in the services sector rose to 53.7 in August. That reading was better than economists expected.
The ADP employment report indicates that 201,000 private sector jobs were added in August, while far exceeded the expectation of 145,000 new jobs.
Meanwhile, the number of planned layoffs hit a 20-month low in August, as employers announced 32,239 planned job cuts last month, according to Challenger Gray and Christmas.
Tomorrow, we'll take a look at the all important monthly government jobs report as well as earnings from Kroger (NYSE:
For Marketnewsvideo.com, I'm Sayoko Murase.
Wednesday Sector Leaders: Precious Metals, Electric Utilities
Related symbols: HL, MDW, BWC, JE
Wednesday Sector Laggards: Airlines, Railroads
Related symbols: GOL, SAVE, CP, KSU
Tuesday Sector Leaders: Waste Management, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: QRHC, HCCI, MTL, CENX
Wednesday's ETF with Unusual Volume: BBRC
Related symbols: BBRC, TEL, REM, PTG.CA
Wednesday's ETF Movers: GDXJ, ILF
Related symbols: GBU.CA, CNL.CA, PBR.A, BBD, ILF, GDXJ
VGK, EFO: Big ETF Outflows
Related symbols: VGK, EFO, NSRGY, NVS
Daily Dividend Report: PSX, GLW, MKC, SM, FBHS, WSO
Related symbols: PSX, GLW, MKC, SM, FBHS, WSO
Daily Dividend Report: SNX, FCH, AGI
Related symbols: SNX, FCH, AGI
Daily Dividend Report: CLC, AYI, MORN, ARP, QRE
Related symbols: CLC, AYI, MORN, ARP, QRE
Weekly Market Wrap: September 26, 2014
Related symbols: JNS, BBRY, YHOO, MU, CVS, LMT, CPB, WSM
Weekly Market Wrap: September 19, 2014
Related symbols: BABA, YHOO, RAD, ORCL, MMC, IRM, LPT, STLD
Weekly Market Wrap: September 12, 2014
Related symbols: S, BAC, EBAY, AAPL, YHOO, CL, TYC, PM, IP, AMAT
Week Ahead Market Report: September 29, 2014
Related symbols: TIBX, BAC, ATHL, JNS, WAG, AYI, GPN
Week Ahead Market Report: September 22, 2014
Related symbols: BAC, YHOO, AAPL, BABA, VALE, BBBY, KBH, MU, BBRY
Week Ahead Market Report: September 15, 2014
Related symbols: BAC, YHOO, AAPL, NOK, AVNR, ADBE, LEN, CAG, ORCL
All videos » |
Stock market definitions »
Daily Market Wrap: September 6, 2012
| Market News Video | Copyright © 2008 - 2014, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.